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Flow launches $725M Blockchain development fund with A16z, Digital Currency Group and other investors — Forbes

NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund backed by its developer’s company’s investment arm, Dapper Ventures, and a high-profile group of investors, writes Nina Bambysheva.

Here is the link: https://www.forbes.com/sites/ninabambysheva/2022/05/10/flow-launches-725-million-blockchain-development-fund-with-a16z-digital-currency-group-and-other-investors/

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Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo. 

StepSecurity raises $3M

Seattle, WA-based cybersecurity startup StepSecurity has closed a $3 million seed funding round.

Microsoft’s latest Windows update breaks VPNs, and there’s no fix — PCWorld

Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections, writes Mark Hachman in PCWorld.

CPS Energy to standardize mission critical technologies on Oracle Cloud

Oracle announced that CPS Energy, the largest community-owned provider of electric and natural gas services in the United States, plans to standardize its mission critical technologies on a single Oracle cloud platform.